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Massachusetts set to bar home sellers from requiring inspection waivers

Housing Wire

To support housing development, the rule exempts certain pre-sales of new construction, provided contracts are signed before substantial completion and the seller offers at least a one-year express warranty. The state also finalized the sale of 450 acres of surplus land to support development of up to 3,500 new homes.

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The Advice First-Time Homebuyers Need To Hear

Keeping Current Matters

Tip #1: Get Pre-Approved First Rocket Mortgage says this is one of the most common mistakes first-time buyers make. With your lender’s help, you’ll be able to get pre-approved for your home loan. But remember, you don’t have to land your dream home right out of the gate.

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Save time with pre-written newsletters from Market Leader Don’t have time to write three or more newsletters every month? Check out some fantastic pre-built designs on sites like Canva or Etsy. Market Leaders advanced newsletter automation tool can help. Need some great ideas? Brand consistency helps build your brand identity.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.

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How to Buy Land in 8 Steps: A Guide for Investors

The Close

Buying vacant land can be a wise investment with great returns if you plan carefully and understand what’s involved. While land can be a relatively cheap and low-effort investment compared to a house, making money from it might be trickier. Check access: Make sure you have legal access to the land. It helps to be in the know.

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What is a Short Sale in Real Estate? A Guide for Buyers and Sellers

Redfin

For sellers , a short sale has to be approved in advance by the lender. However, they have key differences: Short sale The homeowner initiates the short sale by submitting financial information to their lender, who approves the short sale. These properties are also usually sold as-is , so pre-listing repairs are often not completed.

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What Will It Take To Finally Close the Financing Gap for Affordable Housing?

Propmodo

The company also faced other hurdles, from prolonged delays in securing city approvals for new projects to a cooling local real estate market and fierce competition for every scrap of available land. In 2021, the price for 1,000 board feet of lumber soared past $1,500, nearly tripling the pre-pandemic record.